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Article: The New Green Game: Tradable allowances for greenhouse gases may one day become the world's biggest commodities market.(Focus On Your Money)(Brief Article)
- Article from:
- Newsweek
- Article date:
- August 27, 2001
- Author:
CopyrightCOPYRIGHT 2001 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Giant multinational corporations aren't often seen as saviors of the rain forest. But this past May an American environmental nonprofit called The Nature Conservancy persuaded General Motors to part with $10 million for rebuilding a Brazilian rain forest devastated by water-buffalo ranching. GM's money will ensure that trees are replanted, and that what remains of the forest is preserved. While GM says its main motivation for this project was to "restore and preserve" the rain forest, the company also had one eye on the fast-developing global market in tradable pollution allowances. If the market develops as both economists and business executives expect, the automaker ...
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Article: Obama moves toward regulating greenhouse gases
AP Online;
January 26, 2009 ;
700+ words
... ... urged the federal government to limit greenhouse gases from automobile tailpipes. On Monday ... Columbia to control the amount of greenhouse gases _ mainly carbon dioxide _ in truck ... refused to use existing law to control greenhouse gases, despite increasing scientific evidence ...
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